MIDAS SHOP

MIDAS SHOP

Midas Shops are automotive maintenance and service centers that sell and install parts including exhaust systems, brake components, suspension parts, tires, batteries, heating/cooling parts, and other vehicle components, while performing related services such as brake repairs, tire services, alignments, exhaust work, battery installation, and general/scheduled maintenance. The franchisor operates a business model of franchising these retail service centers primarily in the United States to independent operators, with limited co-branding options via SpeeDee for existing franchisees. The target market is vehicle owners seeking reliable, professional automotive repair and maintenance services.

941
Locations
Since 1956
Franchising
AutomotiveWhite Plains, NYMetis HoldCo, Inc.www.midasfranchise.comDisclaimer

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
N/A
Item 7 of FDD
Royalty Rate
10.00%
of gross sales
Brand Fund
0.00%
Item 6 of FDD
Fixed Monthly Fees
$6,000 – $25,000
Item 6 of FDD

10% royalty + $5,000-$25,000/mo rent/taxes/insurance (if leased from Midas Realty or affiliates)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average Net Income
$0
Average Net Profit
$0
Average Gross Profit
$0

Data Based On: Part A data on Gross Revenues is based on 941 franchised outlets operating from January 1, 2023, through December 31, 2024. Part B data on Income Statement Performance is based on 438 franchised outlets operating for the year 2024.

* average_gross_revenue is taken directly from the text on page 2 (overall average for Part A reporting shops). median_gross_revenue is derived from the median of the 3rd quartile's median gross revenues from the table on page 2, as it represents the central value for the 941 shops. revenue_top_quartile and revenue_bottom_quartile are the average gross revenues for the Top Quartile and 4th Quartile, respectively, from the table on page 2 (Part A). average_gross_profit and average_net_income are calculated as a percentage of the overall average Total Income for Part B reporting shops, as stated in the text on page 3. average_net_profit is set to the same value as average_net_income, as 'Net Income From Operations' is interpreted as net profit before taxes/interest based on footnote 1. best_guess_profit_low is the average Net Income From Operations for the 4th Quartile from the table on page 3 (Part B). best_guess_profit_high is the average Net Income From Operations for the Top Quartile from the table on page 3 (Part B).

Extracted Item 19 Section

How MIDAS SHOP Compares


FranchiseInvestmentFeeRoyaltyLocations
MIDAS SHOP
Current
N/A$35K10.0%941
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
SERVPRO (UNIT)$259K – $380K$100K10.0%2,286
Business Services Average
188 franchises
$118K – $284K$46K10.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1PA
51
2NJ
42
3MA
27
4VA
23
5MD
23
6MN
22
7WI
21
8MO
20
9WA
20
10TN
18
11CT
17
12CA
16
13IA
15
14KS
13
15NH
11

+34 more states

SBA Loan History


Historical SBA 7(a) loan data for MIDAS SHOP franchisees (20102025)

Total Loans
199
Average Loan
$508,846
Total Volume
$101.3M
Default Rate
4.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


1,915 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

1,915 Contacts Available

Unlock all MIDAS SHOP franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Primarily termination disputes and royalty non-payment with a former franchisee.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
21
Non-Renewals
15
Reacquired
0
Ceased Ops
15
Transfers
83
Sold to Franchisees
0
Projected New
7

Frequently Asked Questions


According to the 2025 FDD, the average gross revenue for a MIDAS SHOP franchise is $1,234,101.77. The median revenue is $993,414.

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